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Keyword: Inflation

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Canadian paper bills in 5 10 and 20 dollars

Gas prices dropped 9.2% in June

Close-up of payment machine buttons with human hand holding plastic card near by

Economists weigh in on upcoming data releases

business freedom concept courageous daring businessman flying off a cliff holding faith in balloons

The consumer price index increased 1.6% in June from a year earlier, the second straight monthly drop

Competitive Edge

A Manulife report discusses a possible "dovish pivot" on inflation

  • By: Staff
  • June 25, 2019 June 25, 2019
  • 16:25
Close-up of payment machine buttons with human hand holding plastic card near by

The prices of food and transportation increased by more than 3% year over year

golden steps leading up, made of stacks of dollar coins in increasing height

Deputy governor Lawrence Schembri made the comments in Edmonton

Federal Reserve Building

His comments lifted stock markets today

Background of Canadian money: 5,10,20,50,100 dollar bills and coins, loonie, toonie, quarter, dime, nickel, penny

The consumer price index increased to 2% annualized

Credit card

At 2% annualized, inflation is mostly subdued

Close-up of payment machine buttons with human hand holding plastic card near by

Country sees largest monthly increase since August 2009